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TORM plc (TRMD)

$28.69

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Key data on TRMD

Market cap

$2.91B

EPS

2.85

P/E ratio

--

Price to sales

1777.38

Dividend yield

9.759%

Beta

0.076346

Price on TRMD

Previous close

$28.44

Today's open

$29.45

Day's range

$28.55 - $29.60

52 week range

$16.37 - $35.33

Profile about TRMD

CEO

Jacob Balslev Meldgaard

Employees

479

Headquarters

London,

Exchange

Nasdaq Global Select

Shares outstanding

101332707

Issue type

Common Stock

TRMD industries and sectors

Energy

Fossil Fuels

News on TRMD

TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program

HELLERUP, Denmark, June 2, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD or TRMD A) has increased its share capital by 28,144 A-shares (corresponding to a nominal value of USD 281.44) as a result of the exercise of a corresponding number of Restricted Share Units ("RSUs"). A total of 7,089 new shares are subscribed for in cash at DKK 127.30 per A-share, 13,966 shares are subscribed for in cash at DKK 139.90, and 7,089 new shares are subscribed for in cash at DKK 195.50.

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PRNewsWire • Jun 2, 2026

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TORM plc: Potential Merger, Strong Dividend, What's Not To Love Here

TORM plc is rated a strong buy, driven by robust income potential, undervaluation, and merger optionality with Hafnia. TRMD secures significant revenue visibility, with 42% of 2026 earning days fixed at $50,044/day and strong EBITDA guidance up to $1.1 billion. Dividend yield approaches 9%, with the potential to reach 12.7% if high-end guidance and distribution rates are met.

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Seeking Alpha • May 25, 2026

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Report on transactions in TORM plc securities by directors and executive officers and their closely associated persons

HELLERUP, Denmark, May 21, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) or (NASDAQ: TRMD A) has been notified of the following transaction in TORM plc securities: Details of the reporting person / closely associated person Name Jacob Balslev Meldgaard Reason for the notification Position/status CEO/Executive Director Initial notification/Amendment Initial notification Details of the issuer Name TORM plc LEI code 213800VL1H1ABVM1ZF63 Details of the transaction(s) Description of the financial instrument Identification code Shares (ISIN: GB00BZ3CNK81) Nature of the transaction Exercise of restricted share units Price(s) and volume(s) Price(s) Volume(s) DKK 131.8/share DKK 144.4/share 85,067 85,067 Aggregated information - Volume - Price 170,133 shares DKK 23,495,361 Date of the transaction 20 May 2026 Place of the transaction Outside a trading venue Details of the reporting person / closely associated person Name Jacob Balslev Meldgaard Reason for the notification Position/status CEO/Executive Director Initial notification/Amendment Initial notification Details of the issuer Name TORM plc LEI code 213800VL1H1ABVM1ZF63 Details of the transaction(s) Description of the financial instrument Identification code Shares (ISIN: GB00BZ3CNK81) Nature of the transaction Sale Price(s) and volume(s) Price(s) Volume(s) DKK 206.20/share DKK 205.16/share DKK 207,57/share 30,603 (a) 348,441 (b) 170,133 (c) Aggregated information - Volume - Price 549,177 shares DKK 112,829,967 Date of the transaction (a)  18 May 2026 (b)  18 May 2026 (c)  20 May 2026 Place of the transaction Nasdaq Copenhagen Contact Mikael Bo Larsen, Head of Investor Relations  Tel.: +45 5143 8002 About TORM TORM is one of the world's leading carriers of refined oil products.

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PRNewsWire • May 21, 2026

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Torm Q1 Earnings Call Highlights

Torm NASDAQ: TRMD reported a sharply stronger first quarter of 2026 and raised its full-year outlook, citing firm freight markets, geopolitical disruptions and what management described as the company's operating advantages in a highly volatile tanker market.

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MarketBeat • May 13, 2026

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TORM plc (TRMD) Q1 2026 Earnings Call Transcript

TORM plc (TRMD) Q1 2026 Earnings Call Transcript

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Seeking Alpha • May 13, 2026

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TORM plc Q1 2026 Results, Dividend Distribution, and Financial Outlook 2026

HELLERUP, Denmark, May 13, 2026 /PRNewswire/ -- INSIDE INFORMATION "TORM delivered a strong quarter supported by high freight rates, consistent execution, and our One TORM platform," said Jacob Meldgaard, adding: "Rates rose to record levels in April, prompting an upward revision of our full-year guidance while continuing to monitor global developments. We also invested selectively in fleet renewal, including six resale vessels, reflecting our long-term view of the market.

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PRNewsWire • May 13, 2026

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TORM plc (TRMD) Shareholder/Analyst Call Transcript

TORM plc (TRMD) Shareholder/Analyst Call Transcript

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Seeking Alpha • Apr 15, 2026

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Results from TORM plc's Annual General Meeting on 15 April 2026

HELLERUP, Denmark, April 15, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) announces that all the resolutions set out in the notice of the Annual General Meeting dated 05 March 2026 were duly passed on a poll at today's Annual General Meeting. The result of the poll is illustrated below.

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PRNewsWire • Apr 15, 2026

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Report of transactions in TORM plc securities by directors and executive officers and their closely associated persons

HELLERUP, Denmark, March 17, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has been notified of the following transaction in TORM plc securities: Details of the reporting person / closely associated person Name Jacob Balslev Meldgaard Reason for the notification Position/status CEO/Executive Director Initial notification/Amendment Initial notification Details of the issuer Name TORM plc LEI code 213800VL1H1ABVM1ZF63 Details of the transaction(s) Description of the financial instrument Identification code Shares (ISIN: GB00BZ3CNK81) Nature of the transaction Sale Price(s) and volume(s) Price(s) Volume(s) DKK 163.46/share 223,555 Aggregated information - Volume - Price 223,555 shares DKK 36,451,115 Date of the transaction 12 March 2026 Place of the transaction Nasdaq Copenhagen Contact Mikael Bo Larsen, Head of Investor RelationsTel.: +45 5143 8002 About TORM TORM is one of the world's leading carriers of refined oil products.

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PRNewsWire • Mar 17, 2026

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3 Stocks That Just Announced Big Dividend Increases

For the past two years, income investors have increasingly been turning to the equities market in order to offset the Federal Reserve's interest rate cuts, which have resulted in diminished yields on fixed income products.

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MarketBeat • Mar 11, 2026

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